Housing Market Analysis for PALM CLOSE, CM2 9NL

Are you looking to understand CM2 9NL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Chelmsford postcode.

For the location information and nearby amenities in the CM2 9NL area, explore the CM2 9NL Area information page.
For comprehensive crime statistics in the CM2 9NL area, explore the CM2 9NL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the CM2 9NL postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £184,800 median price is £98,000 Standard Deviation is £140,477 with Total Sold: 5
    • The Last 5 Year average price is £355,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 PALM CLOSE: £375,000 (Sold on 26 Nov 2021)
    • The first recorded sale happened at this postcode is 5 PALM CLOSE: £47,000 (Sold on 31 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average CM2 9NL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£375,000 £4,360 1
2019£335,000 £3,895 1
2001£98,0001
1998£69,000 £802 1
1995£47,000 £547 1

All the Sales in the PALM CLOSE, CM2 9NL

See the table below for more details on the sold house prices in the CM2 9NL, Chelmsford postcode.

AddressSold DatePrice% Change
5 PALM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-196626 Nov 2021£375,00011.94%
19 Mar 2019£335,000385.51%
25 Sep 1998£69,00046.81%
31 Jul 1995£47,000First Sale
9 PALM CLOSETerraced, Freehold06 Apr 2001£98,000First Sale

Check out the sold house prices near the CM2 9NL postcode. Properties currently for saleProperties currently for rent

PALM CLOSE, CM2 9NL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the CM2 9NL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the CM2 9NL postcode.

  • Semi-Detached
    • The average price is around £214,183 median price is £205,000 Standard Deviation is £118,764 with Total Sold: 1,009
    • The Last 5 Year average price is £389,984 with Total Sold: 163
    • The most recent sale happened at this postcode is , 82 BEEHIVE LANE: £407,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 540 LINNET DRIVE: £55,995 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £197,024 median price is £188,000 Standard Deviation is £98,371 with Total Sold: 1,156
    • The Last 5 Year average price is £333,028 with Total Sold: 201
    • The most recent sale happened at this postcode is , 2 SKYLARK WALK: £365,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 MAGNOLIA CLOSE: £53,500 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £322,628 median price is £300,000 Standard Deviation is £197,098 with Total Sold: 200
    • The Last 5 Year average price is £543,478 with Total Sold: 39
    • The most recent sale happened at this postcode is , 247 BEEHIVE LANE: £640,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 48 HONEY CLOSE: £112,000 (Sold on 31 Jan 1995)
  • Other
    • The average price is around £344,000 median price is £322,500 Standard Deviation is £382,653 with Total Sold: 8
    • The Last 5 Year average price is £193,500 with Total Sold: 4
    • The most recent sale happened at this postcode is GARAGE, 66 LIME WALK: £15,000 (Sold on 13 Dec 2023)
    • The first recorded sale happened at this postcode is , 99 GLOUCESTER AVENUE: £330,000 (Sold on 15 Feb 2017)
  • Flat
    • The average price is around £189,579 median price is £187,500 Standard Deviation is £44,744 with Total Sold: 63
    • The Last 5 Year average price is £229,196 with Total Sold: 14
    • The most recent sale happened at this postcode is , 35 LAMBOURNE CHASE: £252,000 (Sold on 28 Sep 2022)
    • The first recorded sale happened at this postcode is , 30 SKYLARK WALK: £58,000 (Sold on 20 May 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£411,286 £4,734 7
2023£395,200 £5,060 25
2022£450,802 £5,281 24
2021£387,895 £4,401 38
2020£367,964 £4,126 28
2019£364,539 £4,098 41
2018£348,300 £4,010 30
2017£346,944 £4,040 18
2016£315,655 £3,656 29
2015£307,714 £3,404 28
2014£266,120 £3,307 33
2013£266,321 £2,814 21
2012£226,054 £2,779 23
2011£222,847 £2,765 35
2010£215,381 £2,560 32
2009£214,159 £2,415 33
2008£220,361 £2,601 18
2007£232,678 £2,689 54
2006£207,954 £2,331 43
2005£189,776 £2,409 27
2004£189,837 £2,176 50
2003£170,657 £2,061 36
2002£148,576 £1,649 45
2001£118,808 £1,353 41
2000£104,066 £1,356 37
1999£84,247 £962 45
1998£75,721 £889 38
1997£69,048 £798 53
1996£62,774 £702 38
1995£61,342 £679 39
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,289 £4,354 19
2023£353,554 £4,477 28
2022£355,086 £4,764 37
2021£327,992 £4,209 55
2020£313,859 £4,033 29
2019£309,061 £3,964 33
2018£296,887 £3,932 47
2017£295,706 £3,978 39
2016£283,033 £3,685 44
2015£253,069 £3,236 58
2014£233,964 £3,024 56
2013£200,337 £2,560 46
2012£190,042 £2,481 42
2011£190,772 £2,485 31
2010£197,518 £2,390 28
2009£174,519 £2,158 23
2008£185,192 £2,222 18
2007£196,060 £2,399 40
2006£176,809 £2,458 54
2005£169,388 £2,212 34
2004£159,447 £2,108 39
2003£147,267 £1,895 36
2002£118,140 £1,505 37
2001£98,645 £1,240 43
2000£88,727 £1,134 40
1999£70,726 £960 43
1998£65,262 £832 37
1997£61,909 £746 44
1996£54,884 £675 41
1995£52,877 £676 35
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£502,5002
2023£416,250 £4,632 4
2022£551,333 £4,316 3
2021£532,050 £4,326 13
2020£832,142 £4,521 7
2019£413,000 £4,363 10
2018£529,600 £4,097 5
2017£517,000 £4,143 5
2016£413,333 £3,985 3
2015£441,100 £3,420 5
2014£389,687 £3,092 8
2013£315,000 £4,840 2
2012£413,125 £3,278 4
2011£302,933 £3,173 6
2010£338,197 £3,026 13
2009£300,311 £2,608 9
2008£286,772 £2,949 11
2007£252,500 £2,933 2
2006£282,825 £2,908 4
2005£238,208 £2,286 11
2004£327,150 £2,411 10
2003£217,000 £2,082 13
2002£177,100 £1,885 12
2001£138,875 £1,349 8
2000£162,286 £1,342 7
1999£128,438 £1,276 4
1998£106,125 £1,099 4
1997£106,666 £982 6
1996£88,917 £720 6
1995£115,6673
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£202,500 £4,756 2
2022£358,500 £4,717 1
2020£10,5001
2018£58,0001
2017£640,0003
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£252,000 £3,652 1
2021£237,500 £3,863 4
2020£202,625 £3,284 4
2019£239,250 £3,598 5
2018£215,833 £4,053 3
2017£205,000 £4,457 1
2016£228,600 £3,686 7
2015£208,333 £3,407 3
2014£179,400 £3,308 5
2013£155,000 £3,370 1
2012£171,000 £2,685 2
2011£150,000 £3,333 1
2010£168,000 £3,179 10
2009£173,818 £2,763 11
2008£190,000 £3,276 1
2006£90,000 £1,169 1
2003£91,5002
1999£58,0001

House Type in CM2 9NL area

The most common house types in the CM2 9NL postcode area are Terraced (101), Semi-detached (22), and Detached (4).

Total128
Terraced101
Semi-detached22
Detached4
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan68
Owned: Owns outright54
Private rented: Private landlord or letting agency6
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the CM2 9NL have 2 people in household (49), and 3 people in household (30).

2 people in household49
3 people in household30
4 people in household23
1 person in household21
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0